logoalt Hacker News

coldpieyesterday at 5:08 PM2 repliesview on HN

Going public is the fastest way to turn a solid, functioning business into a hideous, infinite-growth chasing ghoul that everyone hates. Don't do it.


Replies

bryanlarsenyesterday at 5:23 PM

Instead they are mostly owned by VC's, who will more directly pressure them to do that than the general public owners will.

The important part is that the Collison's control Stripe now. When that changes things may go down hill. It won't matter if it is public or not.

WheatMillingtonyesterday at 6:39 PM

As opposed to VC owners, who are famously satisfied with slow growth. Right?